Civic Intelligence

Little Thinkers School of Early Learning

990EZ • Fiscal year 2023 • EIN 47-5085159

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 17, 2024

2306 North Clinton StreetFort Wayne, IN 46802

(260) 755-0266

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.84x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$11,800

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

13th percentile

-42%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$51,606

Down $37,493 (-42%) from 2022

Net Assets

Down

-$43,158

Down $47,105 (-1193%) from 2022

Liabilities

Up

$94,764

Up $9,612 (+11%) from 2022

Revenue

Down

$192,567

Down $79,372 (-29%) from 2022

Expenses

Down

$239,263

Down $66,025 (-22%) from 2022

Net Income

Down

-$46,696

Down $13,347 (-40%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2020: $74,317Liabilities 2020: $49,800Net Assets 2020: $24,5172020Assets 2021: $126,447Liabilities 2021: $90,957Net Assets 2021: $35,4902021Assets 2022: $89,099Liabilities 2022: $85,152Net Assets 2022: $3,9472022Assets 2023: $51,606Liabilities 2023: $94,764Net Assets 2023: -$43,1582023Assets 2024: $81,501Liabilities 2024: $162,672Net Assets 2024: -$81,1712024

Highlighted filing

2023

Assets$51,606
Liabilities$94,764
Net Assets-$43,158

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2020: $162,324Expenses 2020: $161,445Net Income 2020: $8792020Revenue 2021: $285,568Expenses 2021: $259,559Net Income 2021: $26,0092021Revenue 2022: $271,939Expenses 2022: $305,288Net Income 2022: -$33,3492022Revenue 2023: $192,567Expenses 2023: $239,263Net Income 2023: -$46,6962023Revenue 2024: $507,040Expenses 2024: $545,053Net Income 2024: -$38,0132024

Highlighted filing

2023

Revenue$192,567
Expenses$239,263
Net Income-$46,696
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 17, 2024
Return Version
2023v5.1
Gross Receipts
$192,567
Mission and Program Overview

Mission

CHILD CARE SERVICES

To provide an all-around approach to child care that mixes social interaction, physical playtime and personal development in equal parts with traditional learning.

Program Services

DescriptionGrantsExpenses
Little Thinkers School of Early Learning served 190 children during the 2023 school year. Please see Schedule O.-$214,985
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Davetta ChambersExecutive DirectorFT$11,800-$11,800
Michelle ChambersPresidentPT$0--
Kimberly MackDirector-$0--
Misti MeehanSec'Ty/Treas-$0--
Konrad UbergBoard Attorney-$0--
Meagon ChambersDirector-$0--
Dave ChambersVoting Member-$0--
India WoodsVoting Member-$0--
Filing and Contact Details

Filer

Filer Name
Little Thinkers Inc
EIN
47-5085159
Phone
2607550266
Address
2306 North Clinton Street, Fort Wayne, IN 46802

Signing Officer

Name
Davetta Chambers
Title
Executive Director
Signed
2024-06-17
Discuss with paid preparer
Yes

Preparer

Firm
Targeted Services PC
Address
709 Clay Street Suite 102, Fort Wayne, IN 46802
Preparer
Patricia Oppor CPA
Phone
2602033121
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $5671

Other Expenses.1003

Information Technology $4028

Other Expenses.1005

Travel $3445

Other Expenses.1007

Conferences, Conventions, and Meetings $1000

Other Expenses.1008

Interest $4691

Other Expenses.1009

Depreciation $23115

Other Expenses.1

Program Supplies $13140

Other Assets.1001

Automobiles - Beginning $70132 Automobiles - Ending $35067

Other Assets.1002

Furniture and Fixtures - Beginning $6089 Furniture and Fixtures - Ending $1263

Total Liabilities.1007

Secured Mortgages and Notes Payable - Beginning $85152 Secured Mortgages and Notes Payable - Ending $80044

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $14720

Program Services Accomplishments (cont.)

Little Thinkers provides programs to ensure our children (three months to five years old) become prepared and ready for Kindergarten and are given all the tools they need - including healthy and nutritious meals - for success. Our programming includes tools such as My Way Pre-K and models evidence-based practices from Healthy Families Protective Factors that aim to keep families strong and children safe from child abuse and neglect. We are a Level 3 quality service provider which means we have a planned curriculum, a proven safe and positive environment, invest in the development of staff and incorporate family and staff into the input of the program." At Little Thinkers, we take these formative years by providing qualified experts to develop skills and educate children in order to give them fundamental building blocks for their development. Components of Little Thinks programming include (1) Developmental Learning activities, (2) Experiential Learning activities including field trips, (3) Nutrition Services (snacks and lunches), and (4) Wrap-Around service referrals (food, housing and healthcare referrals). In 2023, Little Thinkers served 190 children.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $5671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $4028
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $3445
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation $23115
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Automobiles - Beginning $70132 Automobiles - Ending $35067
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Furniture and Fixtures - Beginning $6089 Furniture and Fixtures - Ending $1263
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Little Thinkers provides programs to ensure our children (three months to five years old) become prepared and ready for Kindergarten and are given all the tools they need - including healthy and nutritious meals - for success. Our programming includes tools such as My Way Pre-K and models evidence-based practices from Healthy Families Protective Factors that aim to keep families strong and children safe from child abuse and neglect. We are a Level 3 quality service provider which means we have a planned curriculum, a proven safe and positive environment, invest in the development of staff and incorporate family and staff into the input of the program." At Little Thinkers, we take these formative years by providing qualified experts to develop skills and educate children in order to give them fundamental building blocks for their development. Components of Little Thinks programming include (1) Developmental Learning activities, (2) Experiential Learning activities including field trips, (3) Nutrition Services (snacks and lunches), and (4) Wrap-Around service referrals (food, housing and healthcare referrals). In 2023, Little Thinkers served 190 children.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Program Services Accomplishments (cont.)
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-17
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ReturnHeader/Filer/EIN0475085159
ReturnHeader/Filer/PhoneNum02607550266
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ReturnHeader/Filer/USAddress/CityNm0Fort Wayne
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patricia Oppor CPA
ReturnHeader/ReturnTs02024-06-17T12:29:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Davetta
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Chambers
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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